AIA puts diabetes on critical list
12 December 2011
AIA Australia has responded to the growing incidence of severe diabetes by adding it as a crisis event to its Priority Protection product…
Life Insurance
FOFA implementation date not set in concrete
05 December 2011
The Federal Government has given itself an escape clause on the implementation date of the Future of Financial Advice reforms…
FOS concern on consumers not opting in
05 December 2011
The Financial Ombudsman Service has called for the opt-in proposals in the Future of Financial Advice Bill to be modified to deal with clients not responding to renewal notices…
Zurich and OnePath win business stars
05 December 2011
OnePath and Zurich Life Australia have been given a five-star rating by Canstar for the outstanding value of their business life insurance products…
Count CEO goes as takeover approved
05 December 2011
Count Financial CEO Andrew Gale has resigned after both shareholders and the courts approved the Commonwealth Bank’s takeover of the company…
More people buy income protection and health insurance
05 December 2011
More people are taking out income protection and health insurance, according to the latest ANZ Survey of Adult Financial Literacy…
Industry worried where FOFA reforms will lead
28 November 2011
Concerns have been raised over the “best interest” regulations in the latest Future of Financial Advice bill…
MLC upgrades insurance platform
28 November 2011
MLC Insurance has launched a new website for advisers and clients with additional online functionality…
Aon tackles underinsurance through special deal
28 November 2011
Aon Hewitt has given members of its superannuation master trust the opportunity to increase their death and total and permanent disablement cover without medical evidence…
Guardian buys stakes as principals move out
28 November 2011
Guardian Advice will be providing financial support for adviser principals wanting to sell their businesses…
S&P gives favourable rating to RGA’s local business
28 November 2011
Standard & Poor’s has rated RGA Reinsurance of Australia’s life operations for the first time, giving it an AA- for financial strength and a stable outlook…
BT moves into new Westpac business
28 November 2011
Westpac has moved its BT business into a new division called Australian Financial Services…
More advisers paid by fees, says FPA
21 November 2011
More than 50% of the Financial Planning Association’s members are now being paid through fees rather than commissions, according to new research by Investment Trends…
Time to focus on life underinsurance again
21 November 2011
Life insurance advisers need to concentrate on the underinsurance problem and not get bogged down worrying about the Future of Financial Advice reforms, says CommInsure GM Retail Advice…
Planners claim success with ad campaign
21 November 2011
A national advertising campaign has lifted the reputation of the Financial Planning Association’s members and the association, according to new research…
SMSFs keep creating more life insurance opportunities
21 November 2011
The push for property loans in self-managed superannuation funds is creating opportunities for life insurance advisers, OnePath National Technical Manager Graeme Colley says…
ACCC approves Count takeover by bank
21 November 2011
The Australian Competition and Consumer Commission will not oppose the takeover of Count Financial by the Commonwealth Bank…
Former Future Fund GM joins AIA
21 November 2011
AIA Australia has appointed former Future Fund GM Paul Costello to its board…
New life underwriter at ClearView
21 November 2011
ClearView Wealth has appointed Scott Hodgson as Chief Underwriter for its life insurance operations…
ANZ helps advisers to retire
21 November 2011
ANZ Wealth has put together a package for its financial advisers wishing to sell their businesses…